ADA/USDT – 30M – SELLThe combination jumps from the bullish trendline down.
A bearish descent downwards to the next support line at 0.392600000 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 0.404300000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.3973684 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at 0.404300000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.409600000 |
| 2nd High | 0.405900000 |
| Next High | 0.404300000 |
| Current Price | 0.401000000 |
| Next Low | 0.392600000 |
| 2nd Low | 0.392200000 |
| 3rd Low | 0.377900000 |